• Most Popular
  • Most Shared

Russia plans ban on all cigarette adverts

MOSCOW
Thu Jan 10, 2008 6:51am EST

MOSCOW (Reuters) - Russia, one of the world's top markets for tobacco sales, plans to ban all cigarette advertising within five years, RIA news agency reported on Thursday.

World  |  Stocks

Russia's cabinet approved a draft law to join the World Health Organization's Framework Convention on Tobacco Control, RIA reported. The full ban will be brought in within five years.

Russia's cigarette market is dominated by global tobacco companies such as Altria Group's Philip Morris division, British American Tobacco Plc, Japan Tobacco Inc. and Imperial Tobacco.

Russia is Europe's biggest cigarette market and is a significant generator of profits for tobacco companies who have struggled to break into China, the world's biggest market.

Russia trails China and the United States in annual sales but is larger than Japan, the fourth-largest world market.

(Reporting by Guy Faulconbridge, editing by Douglas Busvine/Will Waterman)
World
Stocks


More from Reuters

Photo

New security restrictions could hurt airlines

NEW YORK (Reuters) - Tighter security measures at U.S. airports following an attempt to blow up a Detroit-bound jet could dampen enthusiasm for air travel, hurting the airline industry just as it seemed poised to recover from a period of bruising losses, some industry experts say.

» More Top News
A Delta Airbus 330 airliner sits on a runway at Detroit Metropolitan Airport in Romulus, Michigan in this video grab made December 25, 2009. Credit: REUTERS/WDIV TV/Handout

The battle in mid-air

The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers.  Full Article 

U.S.
A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
Political Risk in 2010:

Don't say we didn't warn you

With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

Global Markets